LF Equity Income and LF Woodford Income Focus funds update.
Following a statement from Woodford Investment Management, it has been announced on 15 October 2019 that after careful consideration, a decision has been made not to re-open the LF Woodford Equity Income fund.
In June 2019, the fund was suspended. After a recent review with the FCA, it was decided by Link Fund Solutions Ltd to wind-up the fund as soon as practicable in the best interest of all investors. You can find out more on the LF Woodford website.
In an additional statement released on 13 November 2019, it has been further announced that the LF Woodford Income Focus Fund continues to be suspended. You can find out more on the Link Fund Solutions website.
If you hold either or both of these funds, we will shortly be in direct contact to provide additional information.